深圳市深宝实业股份有限公司 2017 年半年度报告摘要
Stock Code: 000019, 200019 Public Notice No.: 2017- 23
Short Form of the Stock: Shenshenbao-A, Shenshenbao-B
Shenzhen Shenbao Industrial Co., Ltd.
Summary of Semi-Annual Report 2017
I. Important Notice
The summary is abstract from full-text of annual report, for more details of operating results, financial condition
and future development plan of the Company; investors should found in the full-text of annual report that
published on media appointed by CSRC.
Prompt of non-standard audit opinion
□ Applicable √ Not applicable
Profit distribution pre-plan of common stock or capitalizing of common reserves pre-plan deliberated by the
Board in the reporting period
□ Applicable √ Not applicable
The Company has no plans of cash dividend distributed, no bonus shares and has no share converted from capital
reserve.
Profit distribution pre-plan of preferred stock deliberated and approved by the Board in the reporting period
□ Applicable √ Not applicable
II. Basic information of the company
1. Company profile
SHENSHENBAO-A,
Short form of the stock Stock code 000019, 200019
SHENSHENBAO-B
Stock exchange for listing Shenzhen Stock Exchange
Person/Way to contact Secretary of the Board Rep. of security affairs
Name Li Yiyan Huang Bingxia
8/F, Tower-B, Building 4, Technology Park 8/F, Tower-B, Building 4, Technology Park
Office add. Nanshan Software Base, Nanshan District, Nanshan Software Base, Nanshan District,
Shenzhen Shenzhen
Tel. 0755-82027522 0755-82027522
E-mail lyy@sbsy.com.cn huangbx@sbsy.com.cn
深圳市深宝实业股份有限公司 2017 年半年度报告摘要
2. Main financial data and index
Whether it has retroactive adjustment or re-statement on previous accounting data or not
□Yes √ No
Current period Same period of last year Changes over last year
Operating revenue (RMB) 138,158,382.95 149,155,529.71 -7.37%
Net profit attributable to shareholders of
-17,759,776.83 -15,099,180.63 -17.62%
the listed Company(RMB)
Net profit attributable to shareholders of
the listed Company after deducting -19,357,560.01 -20,333,457.37 4.80%
non-recurring gains and losses(RMB)
Net cash flow arising from operating
-50,432,648.15 31,597,947.36 -259.61%
activities(RMB)
Basic earnings per share (RMB/Share) -0.0357 -0.0304 -17.43%
Diluted earnings per share (RMB/Share) -0.0357 -0.0304 -17.43%
Weighted average ROE -1.74% -1.63% -0.11%
End of current period End of last year Changes over end of last year
Total assets (RMB) 1,121,549,159.24 1,178,543,725.30 -4.84%
Net assets attributable to shareholder of
991,427,598.24 1,031,768,388.87 -3.91%
listed Company(RMB)
3. Amount of shareholders and particulars about shares holding
In Share
Total preference shareholders with voting rights
Total common stock shareholders in reporting
76,987 recovered at end of reporting period (if
period-end
applicable)
Particulars about shares held top 10 shareholders
Number of
share
Proportion Amount of
Nature of Total shares pledged/frozen
Full name of Shareholders of shares restricted shares
shareholder hold State
held held Amoun
of
t
share
Shenzhen Agricultural Products Co., Ltd Other 19.09% 94,832,294 15,384,832
State-owned legal
Shenzhen Investment Holding Co., Ltd 16.00% 79,484,302 13,431,784
person
Domestic nature
Sun Huiming 0.69% 3,403,262
person
Xiamen International Trust Co., Ltd. – Xinjin Other 0.37% 1,831,291
深圳市深宝实业股份有限公司 2017 年半年度报告摘要
No.7 Security Investment Trust Fund Plan
Domestic nature
Hu Xiangzhu 0.35% 1,760,000
person
State-owned legal
Central Huijin Asset Management Co., Ltd. 0.30% 1,472,625
person
Domestic nature
Li Qian 0.29% 1,432,378
person
Domestic nature
Zhang Yue 0.28% 1,390,807
person
Domestic nature
Xu Yanhui 0.22% 1,072,500
person
Domestic nature
Ye Xiuxia 0.20% 1,000,230
person
Shenzhen SASAC directly holds 28.76% equity interests of
Agricultural Products, indirectly holds 5.24% equity interests of
Agricultural Products and directly holds 100% equity interests of
Explanation on associated relationship among the aforesaid
Shenzhen Investment Holding; the Company was not aware of
shareholders
any related relationship between other shareholders above, and
whether they belonged to parties acting in concert as defined by
the Acquisition Management Method of Listed Company.
Explanation on shareholders involving margin business (if
N/A
applicable)
4. Change of controlling shareholder or actual controller
Changes of controlling shareholders in reporting period
□ Applicable √ Not applicable
The Company had no changes of controlling shareholders in reporting period
Changes of actual controller in reporting period
□ Applicable √ Not applicable
The Company had no changes of actual controller in reporting period
5. Total preferred stock shareholders of the Company and shares held by top ten shareholders with
preferred stock held
□ Applicable √ Not applicable
No preferred stock in reporting period.
深圳市深宝实业股份有限公司 2017 年半年度报告摘要
6. Corporate Bonds
Whether the Company has a corporation bonds that issuance publicly and listed on stock exchange and without
due on the date when semi-annual report approved for released or fail to cash in full on due
□Y √N
III. Discussion and analysis of the operation
1. Brief of the operation in Period
Dose the Company need to comply with disclosure requirements of the special industry
□Yes √ No
During the reporting period, the company spared no efforts to implement various management measures, strived
to consolidate the industrial base and enhance the industrial value, combined with the existing industrial layout
and market development trends, initially determined the strategic direction of health industry, and focused on the
existing business development planning to adjust and comb the business model, improved the strategic orientation,
further promoted the scientific and technological innovation, and vigorously expanded the main business, and
enhanced the profitability and core competitiveness of the enterprise.
As the core driving force for the scientific research and industry development, the company's technology center
determined the “development of healthy and functional tea and deep processing products” project in the first half
of the year, and continued to strengthen the development of application products, put forth efforts to open the
production and research and efficiency channels, accelerated the transformation of scientific research
achievements, and provided reviving function for the development of industrial chain, in the first half of 2017, it
totally researched and developed 21 new tea products which were approved by the customer, and completed the
applications for 8 government projects. All business sectors developed smoothly, the deep processing division
spared no efforts to expand export business and orders were basically stable, and achieved outstanding results in
reducing consumption and increasing efficiency, optimizing supply chain and strictly controlling costs;
Hangzhou Ju Fang Yong continued to expand commercial channels and innovate products, took Longjing tea and
small gift business as channels for brand interaction and cooperation with outstanding platforms and resources in
the industry by “offline store drainage and online precipitation” so as to promote the brand awareness and
gradually increase the performance; In April 2017, Hangzhou Ju Fang Yong set up Hangzhou Fu Hai Tang
Restaurant Management Co., Ltd. to operate the fast drink business of Fu Hai Tang, increased the species richness
and diversification of store products by developing light food and fruit tea products, increase the units per
transaction, promoted the performance enhancing, and tried out to open the chain system to expand customers at
the same time, and has consulted and completed the cooperation matters with some customers at present; In July
2017, Teabank became the company's wholly-owned brand after confirming the stock right assigning, and the
business model of Shenbao Teabank has preliminarily established. During the reporting period, the company
continued to integrate resources for various industrial service platforms and broaden the enterprise's sustainable
development space, at present, it has completed the integration of all e-commerce platforms of Shenbao, gathered
深圳市深宝实业股份有限公司 2017 年半年度报告摘要
and centralized the scattered network flow of all business sectors by online exhibition sales and marketing of tea
and derivatives, and promoted the value conversion. In the first half of the year, the company initially completed
the brand integration work, set up Shenbao Teabank for the collection and operating of fine tea business, the
relevant work at earlier stage has been completed at present, and the company has implemented the product
development and production plan of the first batch of retail tea for external sales.
In the first half of 2017, the company achieved total operating income of RMB 138,158,382.95, a decrease of
7.37% over the same period last year; achieved operating profits of RMB -21,509,006.38, an increase of 16.66%
over the same period last year; and achieved net profits attributable to shareholders of listed companies of RMB
-17,759,776.83, a decrease of 17.62% over the same period last year. The main reasons for the changes in net
profits attributable to shareholders of listed companies were that the operating income in the current period
decreased compared with the same period of last year, the company received settlement payment in the same
period of last year but didn’t in the current period, and the non-operating income decreased compared with the
same period of last year.
2. Relevant items involving financial report
(1) Particulars about the changes in aspect of accounting policy, estimates and calculation method
compared with the financial report of last fiscal period
√Applicable □Not applicable
On 10 May 2017, Ministry of Finance issued the Notice of Revised the Accounting Standards for Business
Enterprise No.16 – Government subsidy (Cai Kuai [2017] No.15), and will carry into effect since 12 June 2017.
According to the Standards: the government subsidy with routine operation activity concerned will reckon in other
income or reducing relevant costs expenses in line with the economic substance; the government subsidy without
routine operation activity concerned will reckon in non-operation income and expenditure. The item of “other
income” above the “operation profit” in profit statement must be listed separately for the government subsidies
reckon in other income. As for the Standards enactment or amendment, the original accounting policy should be
changed correspondingly and the Company will carry out the above mentioned Standards since the valid date.
Impact on current financial statement: interest expenditure (in financial expenses) decreased 383,100.00 Yuan;
item of non-operation revenue decreased 383,100.00 Yuan.
(2) Major accounting errors within reporting period that needs retrospective restatement
□ Applicable √ Not applicable
No major accounting errors within reporting period that needs retrospective restatement for the Company
深圳市深宝实业股份有限公司 2017 年半年度报告摘要
(3) Particulars about the change of consolidation range compared with the financial report of last fiscal
period
□ Applicable √ Not applicable
The Company had no change of consolidation range in reporting period.
Shenzhen Shenbao Industrial Co., Ltd.
Chairman: Zheng Yuxi
28 August 2017
